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$850,000
New Listing

715 E 41st Place
Los Angeles, CA 90011

For Sale|Land|Active
County:
Los Angeles
Listed by Elizabeth Maddox of Myunits.com Inc. [email protected]
715 E 41st Place715 E 41st Place715 E 41st Place715 E 41st Place
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Monthly Payment (Est.)

$3,878
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Developers, this is an excellent opportunity to build a new construction fourplex 10 minutes from USC and Exposition Park! 715 E 41st Pl is an SB-8 EXEMPT, NON-RENT CONTROLLED, 7,320 square foot flat lot that is being delivered with RTI plans for a fourplex featuring one 6 bedroom, 6 bathroom SFR (featuring a 1st floor flex room with private access), one 3 bedroom, 3 bathroom ADU, and two 4 bedroom, 4 bathroom townhomes that boast potential for ADU conversion due to added flex space with private entrances. This rare property boasts countless perks that will make this project a very successful one, including: 1. Cost-Saving Engineering: The plan is designed closely with the structural engineer to minimize construction cost. No steel beams, two-way cantilevers, non-aligning interior framing, etc. Major cost savings. 2. Demolition Already Complete: The existing home has already been demolished, meaning no hastle on demolition and over $50,000 in savings. Plus, no rent control on the future project. 3. Flex Rooms: There are 3 large flex rooms (450 sf+ ) with a private entrance and yard space that will be ideal for generating additional income. 4. Ample Parking: The plans boast 9 legal parking spaces and 1 bonus space, making for a whopping 10 spots. That's a major feature for tenants! 5. Large Bedrooms designed for students/master leases: All units have bedroom sizes of 10' x 12' minimum that can accommodate both a queen size bed and a computer desk. 6. Private Open Spaces: All units, including the flex rooms, have large usable private open spaces. With SB-8 exempt, 7,000 square foot+ lots being extremely rare these days, you'll want to jump on this opportunity fast!

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Listing Snapshot
Price 
$850,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.168 Acres
Year Built 
N/A
MLS® Number 
BB25089809
Status 
Active
Property Tax 
$30,886
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing first seen on site
19 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.168
Sewer 
Private Sewer
Special Circumstances 
Standard
Water Source 
Public
Zoning 
LARD2
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Exterior Features
Road Frontage 
City Street
View 
City LightsNeighborhood
Waterview 
City LightsNeighborhood
Community Features
Community Features 
CurbsSidewalks
Financing Terms Available 
Submit
MLS Area 
C37 - Metropolitan South
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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